Despite seeing $44m, an increase of 25%, in the amount they are getting for racing, it seems that’s not enough so they are upping the rates again. It seems a dangerous tactic, but as with these …

She strode to an easy victory in the Group One TJ Smith Stakes. Her appearance completely overshadowed the running of the $1.5 million Australian Derby. Priced at 1.18 she accounted for £1.74m of £1.76m in matched bets on the race.

More speculation around her possible appearance again at Ascot still hangs in the air, as does the prospect of her meeting up with …

She will be running  in the Group 1 William Reid Stakes at Moonee Valley tonight / tomorrow morning depending on your location on the planet.

Nice little quote from the Adelaide now: -

“”If anybody has backed Black Caviar every start they are obviously a long, long way in front,” TAB’s Matt Jenkins said. “If they had the foresight to put $100 on Black Caviar at her first …

Running in the self named, ‘Black Caviar’ Lightning Stakes at Flemington, she started well eased to the front and romped away from the field to win easily with a course record.

The underlying market was really interesting. From a very short price early on she drifted out gently before a bit of panic set in pushing the price right out. It settled back …

This is the first time it has been run since the turnover tax was implemented in Australia which the objective of protecting the incumbent operators in the market. I think the outcome, so far, has shown that traders don’t dominate the market in the manner people previously assumed. Turnover, as far as I can see, on most big races is pretty much the same as before and …

UK racing starts in the early afternoon, then morphs into evening racing. Today and tomorrow we also have the Breeders cup in California late into the night UK time. As that ends we immediately switch to Melbourne Cup meeting at Flemington.

In theory you could trade on just racing from just after midday right through to 7am tomorrow morning. It would …

http://betfair.com.au/turnovercharge/

In case you were not aware, a high court ruling this year in Australia has switched the law from a gross profits tax to a turnover based revenue fee for racing. This doesn’t affect the well established and politically well oiledl, but slightly ancient and backward thinking, incumbents in Australia; but does have a significant impact on the new entrants like …

I feel a bit like I am going through the motions this year. Yes it’s nice to get a really good week, but year on year there isn’t the sort of growth in the underlying market I would like, I’ll explain more in my final ‘a question of scale’ post at some point.

It’s been a manic couple of weeks so I’m looking forward to getting a break in the near …

Black Caviar was never ever in trouble in the race at all and the Jockey, Luke Nolan, did nothing other than sit on her and steer her. Without any effort she outpaced …

If this happens, the race of the decade could be on the cards. While this race could be massive, with Ascot just up the road from me, I’d be tempted to take a day out of trading just to see this race.

In the race today which went …